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BUCHANAN -F-

Buchanan -F- is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

3bbl oil, last 12 months−99% vs prior year
RRC lease
08-26304

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 99% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for BUCHANAN -F-, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 3 bbl in the 12 months through Jul 2026, against 262 bbl in the 12 months before.Last 12 months: 3 bblbbl per monthmcf per month002050401006015080200100250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for BUCHANAN -F-, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 3 bbl in the 12 months through Jul 2026, against 262 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant

  • Processing plant (3)
  • Lease fuel (1)
Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plantShare of BUCHANAN -F- gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plantShare of BUCHANAN -F- gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant.Share of gas by disposition code0%50%100%Jul 25: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    54% · 852 mcf

  • Processing plant (3)

    46% · 725 mcf

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeDe3 Operating LLC, Jan 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021De3 Operating LLCJan 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now
Operators of this lease over timeDe3 Operating LLC, Jan 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021De3 Operating LLCJan 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BUCHANAN -F-
API numberWell no.Status
42-329-309371Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers75Jun 1, 2022–
Plains Marketing, L.p.OilGathers25Jun 1, 2022–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Oct 1, 2015–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Oct 1, 2015–
Bml, Inc. BOilGathers100Oct 1, 2015Jun 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

80 acres on the newest permit

Permits for Buchanan -F-
API numberWell no.Acreson the permit
42-329-30937180

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BUCHANAN -F-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural00000$80.46$2.89
Jun 2026Pioneer Natural00000$84.81$3.15
May 2026Pioneer Natural00000$102.13$2.94
Apr 2026Pioneer Natural00000$100.32$2.77
Mar 2026Pioneer Natural00000$91.38$3.04
Feb 2026Pioneer Natural00000$64.51$3.62
Jan 2026Pioneer Natural00000$60.04$7.72
Dec 2025Pioneer Natural00000$57.97$4.26
Nov 2025Pioneer Natural00000$60.06$3.79
Oct 2025Pioneer Natural00000$60.89$3.19
Sep 2025Pioneer Natural20000$63.96$2.97
Aug 2025Pioneer Natural10000$64.86$2.91
Jul 2025Pioneer Natural5108700$68.39$3.20
Jun 2025Pioneer Natural560178940$68.17$3.02
May 2025Pioneer Natural10168810$62.17$3.12
Apr 2025Pioneer Natural0010100$63.54$3.42
Mar 2025Pioneer Natural0020200$68.24$4.12
Feb 2025Pioneer Natural00122440$71.53$4.19
Jan 2025Pioneer Natural40133460$75.74$4.13
Dec 2024Pioneer Natural220129420$70.12$3.01
Nov 2024Pioneer Natural30161770$69.95$2.12
Oct 2024Pioneer Natural140134470$71.99$2.20
Sep 2024Pioneer Natural551792081240$70.24$2.28
Aug 2024Pioneer Natural5602271400$76.68$1.99
Jul 2024Pioneer Natural1201931060$81.80$2.07
Jun 2024Pioneer Natural5099150$79.77$2.54
May 2024Pioneer Natural5002221350$80.02$2.12
Apr 2024Pioneer Natural231781951110$85.35$1.60
Mar 2024Pioneer Natural5502171300$81.28$1.49
Feb 2024Pioneer Natural5902071260$77.25$1.72
Jan 2024Pioneer Natural3801901030$74.15$3.18
Dec 2023Pioneer Natural461812211340$71.90$2.52
Nov 2023Pioneer Natural6702171330$77.69$2.71
Oct 2023Pioneer Natural5702311440$85.64$2.98
Sep 2023Pioneer Natural2702161320$89.43$2.64
Aug 2023Pioneer Natural561792461590$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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